What Are Evaluative Criteria? What Are Some of the Evaluative

question 131

Essay

What are evaluative criteria? What are some of the evaluative criteria a consumer might use while searching for an apartment?

---

Definitions:

Periodic Lease Rental Payments

Regular payments made by a lessee to a lessor for the use of property, equipment, or vehicles, typically established under a lease agreement.

Direct Financing Lease

A leasing arrangement in which the lessor finances the leased asset, and the lessee's payments are structured to cover the asset's costs and provide a return to the lessor.

Implicit Interest Rate

Refers to the interest rate in a financial transaction that is not explicitly stated but rather implied by the terms of the arrangement.